FireFox Gold (TSX.V: FFOX; US-OTC: FFOXF) expects a maiden resource at the Mustajärvi property within a year after drilling tightened its view of the Finnish discovery and identified a second high-grade target called Sarvi, chairman Patrick Highsmith said.
The explorer is running a 10,000-metre program at Mustajärvi in Finland’s Central Lapland Greenstone Belt, where a recent hole cut 7.6 metres grading 32.25 grams gold per tonne from 172 metres downhole between the East and Northeast zones. At Sarvi, along an 8-km boundary with Rupert Resources’ (TSX: RUP) Ikkari project, FireFox hit 1.75 metres grading 27.48 grams gold from 73.4 metres downhole in a new area west of earlier scout drilling.
“It’s getting a bit more predictive at this stage, even though we’re not at a resource,” Highsmith told The Northern Miner’s Western Editor, Henry Lazenby, last week during the PDAC convention in Toronto. “These things are starting to hang together in three dimensions.”
FireFox is still pre-resource in Lapland’s emerging gold belt, where Rupert is advancing Ikkari and Agnico Eagle Mines (TSX, NYSE: AEM) operates Kittilä.
Watch the full interview below:
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